Well, the technical answer is: if FTX did not implode and the scandal sent him to jail. However, in an alternate universe where Sam Bankman-Fried continues to hold his investments, his net asset value could have reached tens of billions based on exposure to Anthropic, Cursor, Solana and Robinhood—more than enough to cover the default after his crypto firm filed for bankruptcy.
Based on a mix of verified holdings and portfolio assumptions, Bankman-Fried’s assets could have reached $52 billion to $86 billion, almost double the estimated $30 billion to $35 billion lost by 15 million individuals in various cryptocurrencies following FTX’s collapse.
While the thesis statement captures a real pattern of high-value exposure, the precise portfolio math only holds up cleanly for part of the basket.
Anthropic is the clearest driver of the claim. FTX reportedly invested $500 million in Anthropic in 2021 and later held a 7.84% stake, according to court documents filed during the bankruptcy. In February 2026, Anthropic raised $30 billion at a $380 billion post-money valuation. At that valuation, a 7.84% holding would imply a stake worth about $29.8 billion.
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For Robinhood, Reuters reported in May 2022 that Bankman-Fried disclosed a 7.6% stake in Robinhood Markets. It was later reported Robinhood agreed to repurchase the seized stake from the US Marshals Service for $605.7 million in September 2023, turning that position into a realized recovery event rather than a still-open upside bet.
Solana was closely associated with Bankman-Fried and that the token lost 94.2% of its value in 2022 as the FTX collapse weighed on sentiment. Bloomberg later reported FTX administrators sold roughly two-thirds of a large Solana position, with 25 million to 30 million locked tokens sold at about $64 each, generating as much as $1.9 billion.
Lastly, Reuters confirmed in November 2025 that code-generation startup Cursor reached a $29.3 billion valuation after a $2.3 billion funding round. But it cannot be verified the exact FTX or Alameda ownership percentage.
Nevertheless, FTX unquestionably held a major Anthropic stake, Bankman-Fried disclosed a large Robinhood position, and the FTX orbit had meaningful ties to Solana. Those facts alone show that a collapsed crypto empire also had exposure to some of the strongest-performing names in AI, trading and digital assets.
Would those gains have been enough to blunt the FTX fallout had the collapse come three years later?
Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
